XML 23 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Calculation Of Net Earnings (Loss) Per Common Share
     First Quarter  
(In thousands, except per share amounts)    2012      2011  

Basic Earnings Per Share

     

Numerator:

     

Income (loss) available to common shareholders

     $   41,287          $ (14,627)   

Assumed distribution to participating securities

     (2,331)         —    
  

 

 

    

 

 

 

Assumed undistributed earnings available to common stock

     38,956          (14,627)   

Denominator:

     

Weighted-average shares outstanding

     278,552          276,986    

Basic earnings (loss) per common share

     $   0.14          $ (0.05)   
  

 

 

    

 

 

 

Diluted Earnings Per Share

     

Numerator:

     

Net earnings (loss) attributable to Office Depot, Inc.

     $   49,503          $ (5,414)   

Denominator:

     

Weighted-average shares outstanding

     278,552          276,986    

Effect of dilutive securities:

     

Stock options and restricted stock

     4,765          6,556    

Redeemable preferred stock

     75,546          73,703    
  

 

 

    

 

 

 

Diluted weighted-average shares outstanding

     358,863            

Diluted earnings per common share

     $   0.14          N/A